April 9, 2020

Petra in talks for more credit as pandemic takes shine off diamonds

The company is in talks with its lenders to access $54.95 million in credit.

April 9, 2020

Alrosa implements guidance to avoid conflict diamonds

To guarantee compliance, the company launched an internal diamond supply chain management system.

April 9, 2020

Russia slams Trump’s order to spur mining on the moon

Space agency Roscosmos has likened the Presidential order to colonialism.

April 2, 2020

De Beers CFO to leave by end of July

Nimesh Patel will join Spirax-Sarco Engineering as their new chief financial officer.

April 1, 2020

Covid-19 robs diamond sector of recovery hopes

The coronavirus pandemic has squashed diamond miners’ dawning hopes of a recovery in the beleaguered sector.

March 31, 2020

Petra Diamonds founder steps down

Adonis Pouroulis was the company’s founder and chairman for 23 years.

March 30, 2020

De Beers scraps diamond sales event

The coronavirus lockdowns have made it impossible for buyers to attend.

March 28, 2020

Namibia suspends mining operations as coronavirus lockdown takes effect

On Saturday, the country entered its first day of a partial lockdown as a response to the COVID-19 pandemic.

March 27, 2020

Petra Diamonds halts 2020 production target

Facing a 21-day lockdown due to covid-19, the miner withdrew its full year production outlook of 3.8 million carats.

March 27, 2020

South Africa lockdown to hit Anglo American output

Most of the company’s mines remain open, but with reduced workforce and production.